The Brean Capital Reiterates "Buy" Rating for Integrated Device Technology Inc. (IDTI)

Other hedge funds also recently modified their holdings of the company. Northern Trust Corp now owns 2,259,492 shares of the semiconductor company's stock valued at $58,272,000 after buying an additional 37,579 shares during the period. Rice Hall James & Associates LLC now owns 1,265,117 shares of the company's stock valued at $25,467,000 after buying an additional 62,255 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Integrated Device Technology by 23.6% in the first quarter. Public Employees Retirement System of OH now owns 4,935 shares of the semiconductor company's stock worth $127,000 after purchasing an additional 670 shares in the last quarter.

Integrated Device Technology (NASDAQ:IDTI) last issued its quarterly earnings data on Monday, October 31st. Alliancebernstein L.P. now owns 3,252,085 shares of the semiconductor company's stock worth $83,871,000 after buying an additional 158,917 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Integrated Device Technology by 11.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,182 shares of the semiconductor company's stock worth $134,000 after purchasing an additional 525 shares in the last quarter. Finally, Kennedy Capital Management Inc. purchased a new stake in Integrated Device Technology during the first quarter valued at about $4,090,000. Institutional investors and hedge funds own 97.50% of the company's stock. If you are accessing this piece on another domain, it was illegally stolen and reposted in violation of United States & global trademark & copyright laws. If you are reading this report on another publication, it was illegally stolen and republished in violation of U.S. and global trademark & copyright law. The legal version of this piece of content can be accessed at https://www.truebluetribune.com/2017/11/14/nj-state-employees-deferred-compensation-plan-decreases-position-in-integrated-device-technology-inc-idti.html.

IDTI has been the topic of several other research reports. Finally, BidaskClub downgraded shares of Integrated Device Technology from a "buy" rating to a "hold" rating in a research report on Saturday, August 5th. The company now has an average rating of "Buy" and a consensus target price of $32.23. Charter Equity upgraded Integrated Device Technology Inc (NASDAQ:IDTI) on Wednesday, November 2 to "Buy" rating.

Among 8 analysts covering Unite Group PLC (LON:UTG), 7 have Buy rating, 0 Sell and 1 Hold. Dougherty & Co decreased their price objective on Integrated Device Technology from $28.00 to $26.00 and set a "buy" rating for the company in a report on Tuesday, August 2nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the company's stock. They now have a $25.00 price target on the stock, up from their prior price target of $23.00.

Integrated Device Technology, Inc. has a twelve month low of $21.80 and a twelve month high of $33.92. (NASDAQ:IDTI) from a buy rating to a hold rating in a report issued on Friday, November 3rd. Integrated Device Technology, Inc. The company has a quick ratio of 4.80, a current ratio of 5.42 and a debt-to-equity ratio of 0.41. OxFORD Asset Management LLP bought a new position in Integrated Device Technology in the third quarter valued at approximately $561,000. The institutional investor held 113,113 shares of the technology company at the end of 2017Q2, valued at $2.92M, down from 148,006 at the end of the previous reported quarter. Integrated Device Technology I now has $4.32 billion valuation. The firm had revenue of $204.40 million during the quarter, compared to analyst estimates of $200.99 million. For the full year, analysts expect earnings to jump 0.88% yoy to $1.15. The business's revenue for the quarter was up 11.1% on a year-over-year basis. sell-side analysts predict that Integrated Device Technology, Inc. will post 1.15 EPS for the current fiscal year. Also, insider Xianzhi Sean Fan sold 67,041 shares of the company's stock in a transaction dated Monday, November 6th. The rating was initiated by Loop Capital with "Buy" on Tuesday, December 6.

The company is trading down by 1.56% since yesterday's close of 33.28. The stock was sold at an average price of $31.72, for a total transaction of $2,126,540.52. Following the transaction, the vice president now owns 49,936 shares in the company, valued at approximately $1,609,437.28. The disclosure for this sale can be found here. Insiders own 1.24% of the company's stock.

Integrated Device Technology, Inc develops system-level solutions that optimize its customers' applications. The Firm operates through two divisions: the Communications, and the Computing, Consumer and Industrial. It offers products in radio frequency (RF), timing, wireless power transfer, serial switching, interfaces and sensing solutions.

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